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20121222
20121222
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ABC
Dec 21, 2012 5:30pm PST
stephanopoulos on "this week." >>> now to the wrangling over the fiscal cliff, sending shock waves across america's 401(k)s. take a look. the dow closed down more than 120 points, with the deadline just 11 days away and lawmakers heading home for the holidays. shortly before we came on the air, the president came out swinging with a message for congress. abc's chief white house correspondent jonathan karl tells us where things stand tonight. >> reporter: in the halls of congress tonight, not a creature is stirring. no deal is in sight. with a deadline looming and seemingly no hope anywhere, the president made one last appeal tonight before washington goes on vacation. >> as we leave town for a few days to be with our families for the holidays, everybody can cool off. everybody can drink some eggnog. now is not the time for more self-inflicted wounds. certainly not those coming from washington. >> reporter: but the two sides don't even seem to be trying anymore. what are we going to do now? >> i'm interested in solving the major problems that face our country. that means house leaders, senate lead
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